Kiva Lending Team: $75,000 MegaMatch

Discussion in 'Kiva | Loans That Change Lives' started by Randy Petersen, May 31, 2012.  |  Print Topic

  1. Randy Petersen
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    Randy Petersen Founder

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    THE MILEPOINT MEGAMATCH: STARTING JUNE 1, ALL LOANS MADE TO KIVA ON BEHALF OF THE MILEPOINT KIVA LENDING TEAM WILL BE MATCHED UP TO A GRAND TOTAL OF $75,000 — BY A MOST GENEROUS ANONYMOUS DONOR. JOIN THE TEAM TODAY OR RELOAN WHAT REPAYMENTS YOU HAVE AND YOUR LOAN TO KIVA WILL BE MATCHED AUTOMATICALLY. OUR ANONYMOUS DONOR IS COMMITTED TO MATCHING UP TO $75,000 IN LOANS.

    As members of the Kiva Lending Team know, Kiva empowers individuals to lend to an entrepreneur across the globe. By combining microfinance with the internet, Kiva is creating a global community of people connected through lending. And the Kiva Lending Team is making a difference. It is easy to get started. Make a loan and it will be automatically matched by our anonymous donor in coordination with Kiva until we reach our MegaMatch of $75,000. Both loans go toward boosting our team totals.

    Have Your Loan Matched Today
    • Click over to Kiva.org and join the Milepoint team (if not already a member)​
    • If an existing member of the Milepoint team, log in.​
    • Pick out the entrepreneur to whom you wish to lend​
    • Make a loan as a member of the Milepoint Kiva Lending Team​
    • MegaMatch will automatically match your loan with a loan of equal value​
    • This is your opportunity to double the impact you have in helping others.​
    • Thank you.​
     
  2. Randy Petersen
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    Randy Petersen Founder

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    On my way to drain all my reloans!
     
  3. milchap
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    There is an expression in French "équipe du tonnerre" (the thunder team)

    What better expression to describe this lending team ! :cool:

    Go Thunder Team !!!!!! Excelsior
     
  4. mrredskin
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    sounds like a good time to finally dive in.
     
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  5. mrredskin
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    $74900 to go :)
     
  6. milchap
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    Welcome to the team. :)
     
  7. tondoleo
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    Thanks to the anonymous donor. Could it be Mr. Canning or Barefoot Power?

    Welcome to mrredskin. I hope you are not a stranger to our Kiva threads.
     
  8. mrredskin
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    mrredskin Gold Member

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    well, not anymore. an hour and a half ago, yes :)
     
  9. unavaca
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    Oh man, I'm on MP Kiva hiatus at the moment, but I'm so tempted to jump back in now :(
     
  10. secretsea18
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    I just loaned to Grace from South Sudan. I see my loan on her page but do not see that my loan was matched. How do you know it got matched?
    And thank you to "anonymous" !
     
  11. milchap
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    :)
     
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  12. canucklehead
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    The match will likely be in the background. For example, if you lend to a borrower, note the amount remaining. When you have successfully lent, the amount remaining should be lower by 2X the amount you lent.

    I am not sure if the matching funds are being added to the Team totals as I have seen dollar amounts ending in $25 and 75 which would not be possible if dollar amounts are doubled.
     
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  13. canucklehead
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    DO IT! :D
     
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  14. Tenmoc
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    Or is it possible whomever is doing this will wait until we're at 75k and then contribute? I say this only because the South Sudan $200 loans are at most 8 lenders. I am the only MPer on mine. 8 lenders, all with user names and not anonymous. And I know it was a $200 loan when I started as at the time I was the first one on it.

    I hadn't thought about how the match would be done before now. Just threw in what i could and went on.
     
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  15. canucklehead
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    me too!
     
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  16. LIH Prem
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    wow!

    -David
     
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  17. tondoleo
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    Perhaps the $ 75,000 will be a direct gift to Kiva with the team receiving credit. It would make more sense to me to do it that way. I don't know if Kiva's IT algorithm would be able to handle the individual loan matching. $ 75,000 is 3,000 small loans. A mini moneybomb.

    However, all of my idle speculation brought on by the fruit sugar rush of organic cherries is futile. It is great someone has been so generous to Kiva and our motley crew of a team of lenders.
     
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  18. miketown
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    Just made a loan to Teum.
     
  19. Randy Petersen
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    I just realized that we are about $150K below the $3M loan to Kiva amount which means once the match is complete at $75K, it will actually be a total of $150K and we'll make $3M easily this month. Man, that is so cool just being this close. Thanks to the masked man/lady for the MegaMatch.
     
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  20. Tenmoc
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    Very nice. I too hadn't put that math together.

    So MPKLT. Will we get to 3m by Monday?
     
  21. pnoeric

    pnoeric Silver Member

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    WOW!! Just saw the notice on the home page-- huge props to the anonymous member who's doing the matching, that's an incredibly generous and wonderful thing. You're definitely spurring me to find more ways to give.
     
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  22. Jenny & Curt
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    Now I don't see the "2X" anymore..??
     
  23. msquire311

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    I'm in, thanks to anonymous donar for the matching. I think the site is a good way to do good for those less fortunate.
     
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  24. Tenmoc
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    Congrats on your first post, first like and joining us. Welcome to the team.
     
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  25. milchap
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    Welcome. :)
     

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